Loveway Incorporated
- Assets
- $2.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 19
- Location
- Middlebury, IN
- Founding
- 09/1974
- Data as of
- 12/2020
- EIN
- 35-1326709
Organization Overview
Loveway Incorporated is located in Middlebury, IN. The organization was established in 1974. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 12/2020, Loveway Incorporated employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loveway Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Loveway Incorporated generated $1.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $1.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
COMPASSIONATE EQUESTRIAN THERAPY USED TO TRANSFORM THE LIVES OF THOSE WITH SPECIAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. THERAPEUTIC RIDING (TR) - DESIGNED FOR INDIVIDUALS WITH A DIAGNOSED PHYSICAL, EMOTIONAL, OR COGNITIVE DISABILITY. THESE CLASSES TEACH RIDERS HOW TO CARE FOR AND RIDE A HORSE WHICH IN TURN CAN REFLECT BENEFITS SOCIALLY, EMOTIONALLY, PHYSICALLY AND COGNITIVELY.2. SUMMER CAMP - WEEK-LONG CAMPS DURING THE SUMMER ARE AVAILABLE FOR BOTH SPECIAL NEEDS AND ABLE-BODIED RIDERS. THESE CAMPS FOCUS ON EQUINE RELATED ACTIVITIES AND INCLUDE ARTS AND CRAFTS AND BASIC HORSEMANSHIP SKILLS.3. SERVED 223 INDIVIDUALS IN 2020.4. 257 VOLUNTEERS CONTRIBUTED 4,398 HOURS.
1. THERAPEUTIC RIDING (TR) - DESIGNED FOR INDIVIDUALS WITH A DIAGNOSED PHYSICAL, EMOTIONAL, OR COGNITIVE DISABILITY. THESE CLASSES TEACH RIDERS HOW TO CARE FOR AND RIDE A HORSE WHICH IN TURN CAN REFLECT BENEFITS SOCIALLY, EMOTIONALLY, PHYSICALLY AND COGNITIVELY.2. SUMMER CAMP - WEEK-LONG CAMPS DURING THE SUMMER ARE AVAILABLE FOR BOTH SPECIAL NEEDS AND ABLE-BODIED RIDERS. THESE CAMPS FOCUS ON EQUINE RELATED ACTIVITIES AND INCLUDE ARTS AND CRAFTS AND BASIC HORSEMANSHIP SKILLS.3. SERVED 223 INDIVIDUALS IN 2020.4. 257 VOLUNTEERS CONTRIBUTED 4,398 HOURS.
1. THERAPEUTIC RIDING (TR) - DESIGNED FOR INDIVIDUALS WITH A DIAGNOSED PHYSICAL, EMOTIONAL, OR COGNITIVE DISABILITY. THESE CLASSES TEACH RIDERS HOW TO CARE FOR AND RIDE A HORSE WHICH IN TURN CAN REFLECT BENEFITS SOCIALLY, EMOTIONALLY, PHYSICALLY AND COGNITIVELY.2. SUMMER CAMP - WEEK-LONG CAMPS DURING THE SUMMER ARE AVAILABLE FOR BOTH SPECIAL NEEDS AND ABLE-BODIED RIDERS. THESE CAMPS FOCUS ON EQUINE RELATED ACTIVITIES AND INCLUDE ARTS AND CRAFTS AND BASIC HORSEMANSHIP SKILLS.3. SERVED 223 INDIVIDUALS IN 2020.4. 257 VOLUNTEERS CONTRIBUTED 4,398 HOURS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelley R Becker Executive Director | Officer | 40 | $60,541 |
Reid Mellott Vice President | OfficerTrustee | 1 | $0 |
April Klein President | OfficerTrustee | 1 | $0 |
Dawn Fisher Vice President | OfficerTrustee | 1 | $0 |
Mark Taylor Secretary As Of January 2020 | OfficerTrustee | 1 | $0 |
Adam Christoffersen Board Member As Of February 2020 | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $504,466 |
| Related organizations | $0 |
| Government grants | $72,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $183,750 |
| Noncash contributions included in lines 1a–1f | $46,450 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $760,716 |
| Total Program Service Revenue | $613,038 |
| Investment income | $11,655 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,183 |
| Net Income from Fundraising Events | $38,578 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,432,170 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $551,257 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,541 |
| Compensation of current officers, directors, key employees. | $60,541 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $268,802 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $59,181 |
| Payroll taxes | $24,893 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,340 |
| Advertising and promotion | $2,653 |
| Office expenses | $13,718 |
| Information technology | $8,485 |
| Royalties | $0 |
| Occupancy | $19,815 |
| Travel | $2,016 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,542 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,669 |
| Insurance | $10,330 |
| All other expenses | $8,566 |
| Total functional expenses | $1,117,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312,425 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $263,768 |
| Investments—publicly traded securities | $1,733,116 |
| Investments—other securities | $0 |
| Investments—program-related | $139,976 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,449,285 |
| Accounts payable and accrued expenses | $6,112 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,112 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,443,173 |
| Total liabilities and net assets/fund balances | $2,449,285 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Loveway Incorporated has recieved totaling $18,050.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $12,500 |
Ron And Lisa Fenech Foundation Inc Naples, FL PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $530 |
Pfizer Foundation Inc New York, NY PURPOSE: ANNUAL GIVING CAMPAIGN | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Easter Seals Rehabilitation Center Inc Evansville, IN | $16,503,144 | $18,998,640 |
Tradewinds Services Inc Merrillville, IN | $15,998,577 | $14,758,971 |
Macon Resources Inc Decatur, IL | $25,094,647 | $13,837,379 |
Society For Immunotherapy Of Cancer Inc Milwaukee, WI | $21,926,685 | $14,185,558 |
Curative Care Network Inc Milwaukee, WI | $49,016,234 | $11,678,469 |
Versiti Blood Research Institute Foundation Inc Milwaukee, WI | $111,661,539 | $23,540,947 |
Easter Seals Dupage And The Fox Valley Region Villa Park, IL | $8,631,604 | $9,912,371 |
Redwood School & Rehabilitation Center Inc Ft Mitchell, KY | $11,768,699 | $11,130,183 |
Sacred Heart Rehabilitation Institute Inc St Louis, MO | $2,876,670 | $6,756,835 |
New Horizons Rehabilitation Inc Batesville, IN | $6,816,471 | $7,084,655 |
Nextstep For Life Inc Mapaville, MO | $5,154,824 | $6,576,682 |
Penfield Childrens Center Milwaukee, WI | $6,491,693 | $8,793,397 |